Well, they say 'S**t Happens'. Sure did.
My Win 7 PC totally died. Can't boot, can't restore, can't even load a new OS and can't change to XP. Drivers for almost everything are only supported by Win 7.
Worst part is all the work I did yesterday is on a partition on the same drive as the OS. Bummer.
Looks like best course of action is to rip out the hard disk and start totally from scratch. At least I can get the data off then.
Luckily, both my XP machines are still running perfectly.
So, while I try to figure out how to fix it, here it is in it's idle mode !!!!! Hopefully not for long though.